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he wants to get the fiscal cliff business done with so don't be in a rush to await that decision. chris: when we return, the the week, will barack obama's scores in the second term be on foreign policy or here at home? k of hunger. that's more than the population of new york city, chicago and los angeles combined. you can make a difference in your community and help end childhood hunger... the more you know. chris: welcome back. syria, egypt and afghanistan are just the foreign policy challenges we already know about russia out china and there which brings us to the big question this week -- will the president's second term triumphs be abroad or here at home? >> i think his second term will be defined by foreign policy and looming confrontation over iran. chris: politco has spoken. >> despite all of the domestic issues, he will have a bigger role to play on the world stage and brought into that with events whether it be syria, iran. >> leadership just changed in china for the first time in 10 years, the most important economic relationship we have in the world and he's got to make
he wants to get the fiscal cliff business done with so don't be in a rush to await that decision. chris: when we return, the the week, will barack obama's scores in the second term be on foreign policy or here at home? k of hunger. that's more than the population of new york city, chicago and los angeles combined. you can make a difference in your community and help end childhood hunger... the more you know. chris: welcome back. syria, egypt and afghanistan are just the foreign policy...
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. >>> the fiscal cliff deal is done, but lawmakers still have big discussions to make that will impact jobs. >>> plus anger is growing after congress skips out on a vet to aid hurricane sandy victims. >> most goods graceful action i have seen in this house in the 20 years i've been here. >> because there was a betrayal. we cannot believe this cruel knife in the b dinner's ready. [ female announcer ] hamburger helper stroganoff. beefy. creamy. stroganoffy. helpers. forty dishes, all delicious. i just finished a bowl of your light chicken pot pie soup and it was so rich and creamy... is it really 100 calories? let me put you on webcan... lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. >>> fast fraud through the headlines, neighbors in anne arundel county work to rescue a disabled man trapped in his burning home, but the man died inside his home. ammunition inside the house exploded, making the scene even more dangerous. >>> the fiscal cliff bill is now at the white house. that word has come from house speaker bo
. >>> the fiscal cliff deal is done, but lawmakers still have big discussions to make that will impact jobs. >>> plus anger is growing after congress skips out on a vet to aid hurricane sandy victims. >> most goods graceful action i have seen in this house in the 20 years i've been here. >> because there was a betrayal. we cannot believe this cruel knife in the b dinner's ready. [ female announcer ] hamburger helper stroganoff. beefy. creamy. stroganoffy. helpers....
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we're now looking at a fiscal cliff that could result in another downgrade of our credit thatand a big problem for the economy. chris: the president seems to be -- everybody think he is wants to have done that. he wants to have agreed to simpson bowles but find a way of kissing it without marrying it. he wants to say i'd like to do it, i just can't do it because the republicans won't join me. if they won't join me, i'll be hung out there. will there be any movement with by the president toward a simpson-bowles compromise? will he take the lead to try to do that or let it hang out there for a while. >> not before election day. he thinks he'll get a simpson bowles like deal after winning re-election where he thinks he'll face a chastened republican party having lost the house and the senate. chris: the president believe he is can beat what he thinks is a right-leaning party this november. what he considers the grownup the jeb bushes and other moderate republican conservatives will come back and he'll be able to deal with them. >> the -- he tells woodward boehner would have had a deal the
we're now looking at a fiscal cliff that could result in another downgrade of our credit thatand a big problem for the economy. chris: the president seems to be -- everybody think he is wants to have done that. he wants to have agreed to simpson bowles but find a way of kissing it without marrying it. he wants to say i'd like to do it, i just can't do it because the republicans won't join me. if they won't join me, i'll be hung out there. will there be any movement with by the president toward...
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. >>> word that a deal was close on the fiscal cliff helped push stocks higher today. the dow surged more than 150 points to end the day above 13,000 form the nasdaq was un59 points. the s&p 500 jumped 23 points and closed the year up 13. >>> now, if there is no agreement to avoid the fiscal cliff, some federal workers could be facing furloughs. agency just give at least 30 days' notice for a furlough less than 22 workdays 60-day notice is required for longer fur furloughs. most experts and agency chiefs say they doubt cuts would take effect immediately. news4 at 11:00 will have up-to-the minute developments for you. >>> breaking news right now. a police officers died in the line of duty in prince william county this afternoon. officer chris young was responding to a call when he collided with a minivan this afternoon. we are live in bristow. >> reporter: i want to show you what we've seen. you can see on a tow truck, that's the minivan involved in this crash. if we pan over, you can see that's the officers 'motorcycle. noticeableably the officers are very emotional. t
. >>> word that a deal was close on the fiscal cliff helped push stocks higher today. the dow surged more than 150 points to end the day above 13,000 form the nasdaq was un59 points. the s&p 500 jumped 23 points and closed the year up 13. >>> now, if there is no agreement to avoid the fiscal cliff, some federal workers could be facing furloughs. agency just give at least 30 days' notice for a furlough less than 22 workdays 60-day notice is required for longer fur...
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a major step closer to a deal that will limit had the damage done by going over the fiscal cliff. overnight, the senate passed a bill that will keep taxes in check for most americans. news 4's megan mcgrath live on capitol hill with the breakdown. megan, good morning. >> reporter: good morning, aaron. that's right. under this deal, about 98% of americans would avoid paying higher taxes. the big question though, is will house conservatives go for it. it was a little bit after 2:00 this morning, two hours after the fiscal cliff deadline, that the senate passed a measure blocking automatic across the board tax increases and spending cuts. under the compromise taxes would go up for individuals making $400,000 or more and couples making over $450,000. that threshold, i should mention, is higher than what the president wanted. as for cuts to defense and domestic programs, that would all be delayed for about two months to allow lawmakers to continue negotiating. a little breathing room there. the deal has renewed optimism that the country will avoid the worst case scenario in all of this
a major step closer to a deal that will limit had the damage done by going over the fiscal cliff. overnight, the senate passed a bill that will keep taxes in check for most americans. news 4's megan mcgrath live on capitol hill with the breakdown. megan, good morning. >> reporter: good morning, aaron. that's right. under this deal, about 98% of americans would avoid paying higher taxes. the big question though, is will house conservatives go for it. it was a little bit after 2:00 this...
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a rescue from the fiscal cliff. tonight, what the new law will mean for you and why the victims of superstorm sandy feel left in the lurch. >>> out of the hospital. late word tonight that hillary clinton has been released from the hospital. >>> constant craving. is one of the most popular ingredients in the american diet making us overeat. tonight, what scientistsre able to see for the first time. >>> and making a difference. rebuilding a great american city with a simple bowl of soup and a lot of good ideas. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >> good evening, i'm kate snow in tonight for brian. after weeks of negotiations and last-minute hold-ups over the fiscal cliff, congress late last night finally passed an agreement on taxes and spending. in a moment, we'll tell you what that legislation means for every american. but it's what the house did not do last night that caused an uproar today. lawmakers left before considering a
a rescue from the fiscal cliff. tonight, what the new law will mean for you and why the victims of superstorm sandy feel left in the lurch. >>> out of the hospital. late word tonight that hillary clinton has been released from the hospital. >>> constant craving. is one of the most popular ingredients in the american diet making us overeat. tonight, what scientistsre able to see for the first time. >>> and making a difference. rebuilding a great american city with a...
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if we can get that done, that takes a big bite out of the fiscal cliff. it aids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about entitlements, medicare and social security, are you prepared in the first year of your second term, to significantly reform those two programs, to go beyond the cuts you've suggested to benefits in medicare, which your own debt commission suggested you'd have to do if you were really going to shore up medicare at least. are you prepared to do that in your first year of the second term? >> what i've said is i'm prepared to do everything i can to make sure that medicare and social security are there not just for this generation but for future generations. >> you've got to talk tough to seniors. >> i have, one of the proposals we've made is something called chain cpi. which sounds technical, but basically makes an adjustment in terms of how inflation is calculated for social security. n
if we can get that done, that takes a big bite out of the fiscal cliff. it aids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about entitlements, medicare and social security, are you prepared in the first year of your second term, to significantly reform those two programs, to go beyond the cuts you've suggested to...
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talks start on how to avoid the fiscal cliff, as mitt romney draws fire from fellow republicans by accusing the president of doling out, quote, gifts to minority groups in exchange for their vote. what's the fallout and the future of the gop? with us, tea-party backed congressman raul labrador, tom friedman, former white house chief of staff for bill clinton john podesta, republican strategist mike murphy, and nbc news chief foreign affairs correspondent andrea mitchell. >>> announcer: from nbc news in washington, the world's longest-running television program, this is "meet the press" with david gregory. >>> good sunday morning. with the president's national security team under fire over the petraeus resignation and the benghazi attacks, the president arrived on the world stage this morning for a summit in east asia, and he's got new worries on his mind about the prospect of a war in the middle east as israel and palestinian militants get closer to the brink this weekend. israel expanding its air assault against hamas and palestinian militants continuing to fire rockets into civilian areas
talks start on how to avoid the fiscal cliff, as mitt romney draws fire from fellow republicans by accusing the president of doling out, quote, gifts to minority groups in exchange for their vote. what's the fallout and the future of the gop? with us, tea-party backed congressman raul labrador, tom friedman, former white house chief of staff for bill clinton john podesta, republican strategist mike murphy, and nbc news chief foreign affairs correspondent andrea mitchell. >>> announcer:...
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the nation now just hours from going over the fiscal cliff after lawmakers fail to reach a deal over the weekend. could a last-minute push from vice president joe biden get something done before your taxes go up? >>> and oh, baby. kanye wecakanye west surprises y announcing his girlfriend, kim kardashian, is pregnant with their first child. how her family is reacting to the news "today," monday, december 31st, 2012. >> announcer: from nbc news, this is "today" with matt lauer and savannah guthrie live from studio 1a in rockefeller plaza. >> welcome to "today" on a very busy monday morning. i'm willie geist. >> and i'm erica hill. matt and savannah have the morning off. >>> we'll have the latest on secretary of state clinton's condition in a live report straight ahead. it is the last day of 2012. >> you and i are both in the same situation with young children. >>> people filing into times square in new york city. it is the world's biggest party. of course, security will be extremely tight. we'll check in on celebrations there and around the world. >> then we'll catch up with three wom
the nation now just hours from going over the fiscal cliff after lawmakers fail to reach a deal over the weekend. could a last-minute push from vice president joe biden get something done before your taxes go up? >>> and oh, baby. kanye wecakanye west surprises y announcing his girlfriend, kim kardashian, is pregnant with their first child. how her family is reacting to the news "today," monday, december 31st, 2012. >> announcer: from nbc news, this is "today"...
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. ♪ >>> back now at 7:40 as the nation watches to see what happens with the fiscal cliff, there's another important piece of legislation that needs attention. if nothing is done about it, the cost of milk could go sky high. here's nbc's stephanie gosk. >> reporter: the dairy industry is calling it the milk cliff. just like tax rates, if congress doesn't approve a farm bill by january 1st, the price of milk could go up. way up. right now an average gallon costs $3.65. it could soar to between $6 and $8. mara has three little kids. that means a lot of milk. >> you have to have it for young kids. it helps them grow. so it's hard when it gets that expensive. >> reporter: for many families, milk is a staple they can't cut back on. >> a lot of families that are tight, incomewise, they don't want to buy milk at $7, $8. >> reporter: it's not just milk prices. all dairy products would be affected. imagine if wisconsin cheddar cost more than imported french brie. what would that mean for the average grilled cheese? one part of the complicated farm bill controls the dairy market. without it, pricing
. ♪ >>> back now at 7:40 as the nation watches to see what happens with the fiscal cliff, there's another important piece of legislation that needs attention. if nothing is done about it, the cost of milk could go sky high. here's nbc's stephanie gosk. >> reporter: the dairy industry is calling it the milk cliff. just like tax rates, if congress doesn't approve a farm bill by january 1st, the price of milk could go up. way up. right now an average gallon costs $3.65. it could...